Corbyn Investment Management Inc. MD Has $941,000 Stock Holdings in Vanguard Information Technology ETF (NYSEARCA:VGT)

Corbyn Investment Management Inc. MD raised its stake in Vanguard Information Technology ETF (NYSEARCA:VGT) by 1.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,605 shares of the exchange traded fund’s stock after acquiring an additional 17 shares during the quarter. Corbyn Investment Management Inc. MD’s holdings in Vanguard Information Technology ETF were worth $941,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. St. Johns Investment Management Company LLC bought a new stake in Vanguard Information Technology ETF during the 3rd quarter valued at $30,000. Peterson Financial Group Inc. acquired a new position in shares of Vanguard Information Technology ETF during the third quarter valued at about $30,000. Triad Wealth Partners LLC acquired a new position in shares of Vanguard Information Technology ETF during the second quarter valued at about $32,000. Coastline Trust Co bought a new stake in shares of Vanguard Information Technology ETF during the third quarter worth about $32,000. Finally, Bell Investment Advisors Inc acquired a new stake in shares of Vanguard Information Technology ETF in the 2nd quarter worth about $33,000.

Vanguard Information Technology ETF Stock Performance

VGT stock opened at $602.95 on Monday. The company has a market capitalization of $75.92 billion, a P/E ratio of 36.30 and a beta of 1.41. Vanguard Information Technology ETF has a 52-week low of $452.47 and a 52-week high of $626.45. The business has a 50-day simple moving average of $591.06 and a two-hundred day simple moving average of $570.24.

Vanguard Information Technology ETF Profile

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS).